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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: PaperChase who wrote (20785)	6/21/1998 7:34:00 AM
From: robnhood	Read Replies (1) \| Respond to of 94695

Paper Chase,, <<< S&L disaster of the 1980's. <>>> And Jim's <<S&L debacle>> Guess it depends which side of the fence you were on.. I'm sure for the right few it was the great S&L windfall of the 80's russell

To: PaperChase who wrote (20785)	6/21/1998 8:29:00 AM
From: Monty Lenard	Respond to of 94695

<The SEC has some power and responsibility to see that this doesn't occur> For a very long time FASD(Financial Accounting Standards) board has been trying to stop the "non reporting" of employee stock options as an expense. Got real close a while back but caught so much heat that they backed off with a POOR compromise. I agree with James in that the SEC is part of the GROUP. Here is a good example of the GOOD OLD BOYS at work. exchange2000.com Monty

To: PaperChase who wrote (20785)	6/21/1998 10:53:00 AM
From: James F. Hopkins	Respond to of 94695

It appears the SEC does their job depending on "who" it is, like they put personalities over principles. The FTC is just as bad or worse. The fact they are there often gives the small investor a false sence of security. Even when they are forced to bring the hammer down, most often it's just a token gesture slapping a few wrist , & collecting a few fines, ( would you pay a $10K to make 10M ). Well time and time again you can see something similar in the way the SEC is administered. Jim